Post Utme Skyline University 2023 Economics Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2023 Economics Objective / Multiple Choice
Question 36 POST_UTME_SKYLINE_UNIVERSITY • 2023 • ECONOMICS • objective

A country's GDP is calculated as the sum of consumption (C), investment (I), government sp\ending (G), and net exports (NX). If the country's GDP is ₦10 trillion, and the government sp\ending is ₦2 trillion, what is the value of the consumption (C) if the investment (I) is ₦1.5 trillion and the net exports (NX) is ₦500 billion?

Answer Options

Correct Answer A. ₦4.5 trillion
B. ₦4.8 trillion
C. ₦5.1 trillion
D. ₦5.5 trillion
Correct Answer
A
Correct Option:
₦4.5 trillion

About This Question

This is Post Utme Skyline University 2023 Economics Question 36. It is one of the objective questions from the 2023 Post Utme Skyline University Economics examination.

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